Bond ARCA USA Finance LLC 2.6% ( USU29490AR73 ) in USD

Issuer	ARCA USA Finance LLC
Market price	100 % ▼
Country	United States
ISIN code	USU29490AR73 ( in USD )
Interest rate	2.6% per year ( payment 2 times a year)
Maturity	30/11/2021 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	350 000 000 USD
Cusip	U29490AR7
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	N/A
Detailed description	ERAC USA Finance LLC is a Delaware-registered limited liability company specializing in providing financial services, primarily focused on asset-based lending and other financial solutions for businesses in the United States. A notable fixed-income instrument, the USU29490AR73 bond (CUSIP: U29490AR7) issued by ERAC USA Finance LLC, has successfully reached its maturity and been fully repaid. ERAC USA Finance LLC serves as a key financing entity for Enterprise Holdings Inc., the global leader in mobility and owner of the Enterprise Rent-A-Car, National Car Rental, and Alamo brands, leveraging this U.S.-issued obligation to raise capital within the United States. This USD-denominated bond featured a 2.6% coupon rate, distributed through semi-annual payments, and represented a total offering size of $350,000,000, accessible to investors with a minimum purchase of $1,000. Its creditworthiness was affirmed by a Standard & Poor's (S&P) rating of A-, indicating a strong capacity to meet financial commitments, a factor that underpinned investor confidence prior to its successful repayment at 100% of its face value on November 30, 2021.